Inflation report highlights rising costs, gas prices amid Iran War - WBAL-TV

A new inflation report indicates that inflation has risen to 3.8% due to surging energy costs and the Iran War. Nationwide gas prices average over $4.50 per gallon, nearly double what they were before the Iran War began. The war is disrupting global oil supplies and shipping routes, leading to higher shipping and transportation costs, which are trickling down into higher airfares and grocery prices.